Solana Price Analysis: Bearish Momentum Drives SOL Below $117 POC

Solana price analysis reveals a shift in market sentiment as SOL drops below its Point of Control at $117.56, triggered by significant long liquidations and declining open interest.
Explore news, insights, and analysis about Solana — a high‑performance blockchain built for speed, scalability, and low‑cost transactions. This category covers ecosystem updates, DeFi projects, NFTs, technical developments, and market trends shaping Solana’s rapidly growing network.

Solana price analysis reveals a shift in market sentiment as SOL drops below its Point of Control at $117.56, triggered by significant long liquidations and declining open interest.

Solana SOL showed signs of short-term rebound on January 31, 2026, as the token held key support and climbed amid episodic market volatility, despite lingering bearish pressures.